Author Topic: Is Hyperinflation On The Horizon?  (Read 74522 times)

Offline AsherO

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Re: Is Hyperinflation On The Horizon?
« Reply #1280 on: May 17, 2022, 10:25:39 AM »
As incoherent as Biden and Harris.

Well, it is her job to represent them after all.

I think she answered the question, y’know. Whoever prepared her talking points didn’t have a section for misinformation.

Offline aygart

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Re: Is Hyperinflation On The Horizon?
« Reply #1281 on: May 17, 2022, 11:06:17 AM »
TheStreet: Musk and Bezos Agree on Who Is Responsible for Inflation.
https://www.thestreet.com/technology/musk-and-bezos-agree-on-who-is-responsible-for-inflation
Feelings don't care about your facts

Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #1282 on: May 17, 2022, 11:38:00 AM »
Well, it is her job to represent them after all.

I think she answered the question, y’know. Whoever prepared her talking points didn’t have a section for misinformation.

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Offline Ver hut gazugt

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Re: Is Hyperinflation On The Horizon?
« Reply #1283 on: May 17, 2022, 08:41:04 PM »
Lots of economists keep saying it not 2008 housing market but wonder if that is true. One estimate I saw is that 15% of 2021 home sales where second homes. What happens if we hit a recession, can these people afford both homes?

Just a thought

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #1284 on: May 17, 2022, 09:00:51 PM »
Where is the digital teleprompter when it's needed?!
["-"]

Offline AsherO

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Re: Is Hyperinflation On The Horizon?
« Reply #1285 on: May 17, 2022, 09:50:29 PM »
Lots of economists keep saying it not 2008 housing market but wonder if that is true. One estimate I saw is that 15% of 2021 home sales where second homes. What happens if we hit a recession, can these people afford both homes?

Just a thought

It’s really scary because 2008 happened following growth and stability, this one will come on the heels of the chaos we’re experiencing now

Offline jye

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Re: Is Hyperinflation On The Horizon?
« Reply #1286 on: May 18, 2022, 05:47:15 PM »
Retailers stocks were absolutely pummeled today as it becomes increasingly clear that consumers are starting to really pull back on purchases in response to higher prices.
https://www.wsj.com/articles/target-walmart-earnings-selloff-puts-retailers-inflation-pains-on-display-11652906753?mod=mhp

Offline Essen est zich

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Re: Is Hyperinflation On The Horizon?
« Reply #1287 on: May 18, 2022, 06:03:44 PM »
Retailers stocks were absolutely pummeled today as it becomes increasingly clear that consumers are starting to really pull back on purchases in response to higher prices.
https://www.wsj.com/articles/target-walmart-earnings-selloff-puts-retailers-inflation-pains-on-display-11652906753?mod=mhp

Costco had a large dip as well.

Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #1288 on: May 19, 2022, 12:33:32 AM »
Retailers stocks were absolutely pummeled today as it becomes increasingly clear that consumers are starting to really pull back on purchases in response to higher prices.
https://www.wsj.com/articles/target-walmart-earnings-selloff-puts-retailers-inflation-pains-on-display-11652906753?mod=mhp

Can't read this article but read about both WM and TGT and neither of them stated what you're saying, in fact both are forecasting that revenue will grow. They both missed on earnings and mentioned increased expenses as the cause.
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Offline jye

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Re: Is Hyperinflation On The Horizon?
« Reply #1289 on: May 19, 2022, 01:51:53 AM »
Can't read this article but read about both WM and TGT and neither of them stated what you're saying, in fact both are forecasting that revenue will grow. They both missed on earnings and mentioned increased expenses as the cause.
“Analysts said the weaker results showed that consumers were beginning to curtail spending amid higher prices. “Underlying volumes are looking really soft,” said Neil Saunders, managing director of research firm GlobalData Retail. “This is the beginning of a consumer pullback.”

“Many large companies, including retailers, have been able to increase profits during the Covid-19 pandemic even while facing rising costs for shipping and staffing. Passing along price increases to customers while cutting expenses has been a common path to raising profit margins, but the latest results suggest there might be limits to that strategy amid current economic conditions.”

“Americans continued to spend briskly in April on products as diverse as cars and clothing, which economists and company executives say is a sign that consumer spending is relatively healthy. But consumers are also showing signs they are less willing to absorb price increases and are trading down to less-expensive items, according to retailers and manufacturers.“

There’s a link in the article to a related piece:
https://www.wsj.com/articles/americans-are-showing-inflation-fatigue-and-some-companies-see-a-breaking-point-11651410002?mod=article_inline
« Last Edit: May 19, 2022, 01:55:32 AM by jye »

Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #1290 on: May 19, 2022, 08:13:06 AM »
“Analysts said the weaker results showed that consumers were beginning to curtail spending amid higher prices. “Underlying volumes are looking really soft,” said Neil Saunders, managing director of research firm GlobalData Retail. “This is the beginning of a consumer pullback.”

“Many large companies, including retailers, have been able to increase profits during the Covid-19 pandemic even while facing rising costs for shipping and staffing. Passing along price increases to customers while cutting expenses has been a common path to raising profit margins, but the latest results suggest there might be limits to that strategy amid current economic conditions.”

“Americans continued to spend briskly in April on products as diverse as cars and clothing, which economists and company executives say is a sign that consumer spending is relatively healthy. But consumers are also showing signs they are less willing to absorb price increases and are trading down to less-expensive items, according to retailers and manufacturers.“

There’s a link in the article to a related piece:
https://www.wsj.com/articles/americans-are-showing-inflation-fatigue-and-some-companies-see-a-breaking-point-11651410002?mod=article_inline

You originally mentioned customers really started pulling back on spend, to me that sounds like a significant drop in revenue, perhaps 10-15%. However the latest revenue results did not show a decline in consumer spend, and revenue is also forecasted to grow a small amount. The quotes and article don’t contradict that.

Fatigue is real but that can mean lower/stagnant growth as opposed to drastic declines.
"If you fall, I will be there." -Floor

Offline jye

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Re: Is Hyperinflation On The Horizon?
« Reply #1291 on: May 19, 2022, 08:51:49 AM »
You originally mentioned customers really started pulling back on spend, to me that sounds like a significant drop in revenue, perhaps 10-15%. However the latest revenue results did not show a decline in consumer spend, and revenue is also forecasted to grow a small amount. The quotes and article don’t contradict that.

Fatigue is real but that can mean lower/stagnant growth as opposed to drastic declines.
I simply paraphrased the first paragraph above.

Offline avromie7

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Re: Is Hyperinflation On The Horizon?
« Reply #1292 on: May 19, 2022, 10:51:47 AM »
You originally mentioned customers really started pulling back on spend, to me that sounds like a significant drop in revenue, perhaps 10-15%. However the latest revenue results did not show a decline in consumer spend, and revenue is also forecasted to grow a small amount. The quotes and article don’t contradict that.

Fatigue is real but that can mean lower/stagnant growth as opposed to drastic declines.
If revenue grows slower than inflation it means people bought less but spent more.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #1293 on: May 19, 2022, 10:53:14 AM »
Ignore Rosie at your own risk.


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Offline Ver hut gazugt

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Re: Is Hyperinflation On The Horizon?
« Reply #1294 on: May 19, 2022, 11:03:56 AM »
If revenue grows slower than inflation it means people bought less but spent more.
👍, the ordered items count is flat, even for amazon.

Offline aygart

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Re: Is Hyperinflation On The Horizon?
« Reply #1295 on: May 19, 2022, 02:57:49 PM »
If revenue grows slower than inflation it means people bought less but spent more.

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Offline jye

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Re: Is Hyperinflation On The Horizon?
« Reply #1296 on: May 19, 2022, 04:32:01 PM »

Offline Lurker

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Re: Is Hyperinflation On The Horizon?
« Reply #1297 on: May 19, 2022, 04:56:54 PM »
https://www.foodnavigator-usa.com/Article/2022/05/17/Walmart-plans-to-push-back-on-rising-food-prices-arguing-it-suppliers-need-to-do-more-to-help-customers#

Walmart is starting to see smaller baskets and customers switching to off label brands.

Walmart is in a position to gather a ton of data. I'm curious to know if they're seeing more non-EBT transactions as people max out their benefits or switch from pricier stores.
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Offline ari3

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Re: Is Hyperinflation On The Horizon?
« Reply #1298 on: May 19, 2022, 09:18:02 PM »
https://www.foodnavigator-usa.com/Article/2022/05/17/Walmart-plans-to-push-back-on-rising-food-prices-arguing-it-suppliers-need-to-do-more-to-help-customers#

Walmart is starting to see smaller baskets and customers switching to off label brands.
Walmart's customers on average are on the low end of the financial spectrum, those that are likely to be hit the most by inflation and the end of the free money.

Offline Lurker

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Re: Is Hyperinflation On The Horizon?
« Reply #1299 on: May 19, 2022, 11:57:15 PM »
Walmart's customers on average are on the low end of the financial spectrum, those that are likely to be hit the most by inflation and the end of the free money.

Not necessarily true in the parts of the country where Walmart operates Neighborhood Markets.
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